Fundamental and technical analyses represent the core of any Forex trading process. These two concepts represent major schools of thought in approaching and understanding the markets. Both have the same goal: understanding the historical behavior of markets to forecast future trends; however, the path towards that goal is different. Fundamental analysis in Forex focuses on […]
Forex Factory is one of the most popular sites for forex traders online today. Its calendar provides great information for all types of traders. Using it will help you to understand the impact of news on the market, which could reflect on increased profit on your account. So, how do you use the Forex Factory […]
Retail traders often make the mistake of not knowing the best time to trade in the Forex market. For this reason, they trade all the time. However, markets don’t always move. In fact, statistics show that markets mostly range, then a trend. Hence, knowing the best time to trade and when to sit on your […]
Forex technical analysis and Forex fundamental analysis complement each other for the perfect trade. While fundamental analysis gives the reason, technical analysis shows the direction of a trade. So far, so good. But what makes technical and fundamental analysis? The two notions are so vast, is impossible for one trader to master everything. Hence, retail […]
With its almost six trillion dollars daily turnover, the Forex market depends on Forex news to move. For this reason, Forex volatility and Forex news enjoy a direct relationship. Most of Forex news comes from the economic sphere. Job-related data, changes in the size of an economy, inflation, etc., offer traders clues about the economic […]
Forex traders approach the market from different perspectives. Some expect quick and very fast profits. This is scalp trading. Others, invest. They have a different time horizon in mind. As such, scalp trading strategies simply won’t fit their personality. Retail traders love scalping. They like the idea of making a quick profit. If you come […]
Day trading has increased in popularity lately. Because the Forex market is open 24/5, day trading strategies appeal to retail traders. As such, day trading for beginners became possible with little financial resources. But retail traders need to learn a few day trading secrets before becoming profitable. The surge in retail Forex trading has an […]
Money as we know it means different things to different people. For some, it is a means to an end, for others, it is a symbol, it shows a status. For traders, money is the base of speculation. The fundamental analysis is a way to understand money and Forex in a better way by approaching […]
